🇦🇪UAE

احتيال وإساءة استخدام RINs

1 verified sources

Definition

RIN fraud includes generating credits for non-qualifying fuel or failing to retire RINs on exports, distorting markets and exposing UAE importers/traders to invalid credit penalties.

Key Findings

  • Financial Impact: AED 100,000 - 1,000,000 per fraud incident (equivalent to US EPA fines for invalid RINs; market distortion losses 1-5% of credit value)
  • Frequency: Ongoing in supply chain transfers; heightened with US biofuel imports
  • Root Cause: Manual tracking vulnerabilities without EMTS-equivalent controls or third-party audits

Why This Matters

This pain point represents a significant opportunity for B2B solutions targeting Wholesale Petroleum and Petroleum Products.

Affected Stakeholders

Supply Chain Managers, Compliance Officers, Finance Auditors

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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